Regent Education and University Financial Aid Solutions form Strategic Partnership to Provide Student Financial Aid Management Assistance to Colleges and Universities
Frederick, MD. July 19, 2012 – University Financial Aid Solutions (UFAS) an affiliate of Greenwood and Hall and leading provider of third party financial aid processing services to colleges and universities, today announced a strategic partnership with Regent Education, the leading provider of Software-as–a-Service (SaaS) financial aid management solutions for higher education.
The partnership will focus on providing Regent Education’s award winning financial aid management solution, Regent Enterprise, to UFAS’ customer base of small to medium sized colleges and universities.
“We are very excited to enter into this partnership with UFAS,” said Randy Jones, Regent’s CEO. “By combining our industry leading solutions with UFAS’ world class staff, small and medium sized colleges and universities can now enjoy the same level of automation, compliance and reporting that has traditionally been available to only the largest universities.”
Regent Enterprise is changing the way post-secondary schools process financial aid, giving institutions innovative, intuitive tools to automate and manage every aspect of the financial aid life cycle. Through the standardization and centralization of financial aid management, schools can achieve increased productivity, ensure compliance, improve student experience, and control costs.
“In looking for a partner to help us automate our financial aid processing,” said UFAS COO Brenda Wright, ”We wanted a solution that was capable of processing all types of financial aid, from SAY to non-term, and could be leveraged across all of our customers to provide them with the highest level of services and accountability at an affordable cost. Regent Enterprise was the only solution we found that fit the bill.”
“We are very pleased to see these two outstanding companies come together to provide a world class financial aid management service to the higher education market,” said John Hall, Chief Executive Officer and Co-Founder of Greenwood & Hall.
About University Financial Aid Solutions
University Financial Aid Solutions (UFAS), an affiliate of Greenwood and Hall, is unique in its breadth of expertise, experience and services. Its leadership has significant experience in managing financial aid operations for career schools, colleges and universities, building and managing contact center operations, integration with student information systems, and a wide range of consulting services. For more information about University Financial Aid Solutions visit www.ufas.us.com.
About Greenwood and Hall
Greenwood & Hall, founded in 1997, is a leader in co-sourced enrollment management, financial aid and student success solutions for higher education, helping institutions increase enrollments, improve retention, enhance student services and improve student outcomes. For more information about Greenwood & Hall, visit www.GreenwoodHall.com.
Regent Education is a Frederick, MD-based provider of web-based financial aid management and enrollment optimization solutions specifically designed to address the unique needs of schools and students using non-standard term enrollments. The company’s flagship product, Regent Enterprise, standardizes and automates the entire financial aid lifecycle, with the result that processes that previously took weeks take just minutes. Regent’s Student Needs Application Platform, or SNAP, optimizes the student enrollment process by providing students with real-time financial aid award letters, giving customer institutions a valuable first-mover advantage and reducing the cost per enrollment. Regent offers its solutions in a software-as-a-service model that helps education institutions increase enrollment, improve retention, speed student processing, mitigate compliance risks and deliver bottom-line results. Regent is backed by Chrysalis Ventures and Edison Ventures.